NOT LISTED FOR SALE

3001 Potomac Ave Los Angeles, CA 90016

West Adams Neighborhood

Estimated Value: $1,288,000 - $1,798,000

3 Beds
2 Baths
1,471 Sq Ft
$1,031/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $1,313,944 $893 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,537/month

39 Days on Market

Highlights

  • No HOA
  • Central Air
  • 3-minute walk to Vineyard Recreational Center
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2021

WATCH THE INITIAL OFFERING PRICE SOAR ON THIS Spanish Charmer located on a prime corner lot in the up-and-coming Adam's Park area. No need to preview. This 1920's was already built with terrfific character and taste, and then the owner brought it "current" with state of the art appliances, new kitchen and bathrooms, new flooring and air conditioning. Custom tile work and cabinetry-built ins thru out. Gated courtyard entrance, terffific curb appeal, spaciouis living rm/ with high ceilings and faux firplace. Formal dining area, adorable rotunda breakfast nook, state-of the art kitchen. inside laundry. All three bedrooms offer ample living/closet space. MASTER EN-SUITE W/BEAUTIFUL BATHROOM AND WALK-IN CLOSET. French doors lead out to patio/entertainments areas w lush landscaping, long deep corner lot, and 2 car garage/detached. Again, no need to preview. If you have been waiting for a SPANISH CHARMER brought up to today's standards . . .HERE IS IT. Close to all major freeways, parks, metro lines, etc. Good luck!

Last Agent to Sell the Property

Richard Furstenberg

Furstenberg Realty License #01181680 Listed on: 03/03/2021

Last Buyer's Agent

Marikka Dargel Johnson

Century 21 On Target License #01995468

Century 21 On Target

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,043

Year Built

  • Built in 1929

Lot Details

  • 6,143 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Interior Spaces

  • 1,471 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Central Air
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 7030
  • Assessor Parcel Number 5057021001

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,043

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5057021001
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1471.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 893.23
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6143.00
  • Lot Size Acres: 0.1410

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6143.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2200.00
  • Tax Lot: 18
  • Tax Tract Number: 7030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Mar 26, 2021
Sold by
Ion Group Llc
Bought by
Miller Corey and Miller Gisele Cabezut
Seller's Agent
Richard Furstenberg
Furstenberg Realty
Buyer's Agent
Marikka Dargel Johnson
Century 21 On Target
List Price
$999,988
Sold Price
$1,313,944
Premium/Discount to List
$313,956
31.4%
Current Estimated Value
$1,482,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,600
Avg. Annual Appreciation
3.38%
Original Mortgage
$330,000
Outstanding Balance
$299,422
Interest Rate
3.04%
Mortgage Type
New Conventional
Estimated Equity
$1,216,961

Purchase Details

Listed on
Jul 6, 2020
Closed on
Jul 16, 2020
Sold by
Stockpile Property Ventures Llc
Bought by
Ion Group Llc
Seller's Agent
Lonette Flowers
Nationwide Real Estate Execs
Buyer's Agent
Pouya Nazarian
New Western
List Price
$630,000
Sold Price
$630,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
194.76%

Purchase Details

Listed on
Jul 6, 2020
Closed on
Jul 15, 2020
Sold by
Young Glorious
Bought by
Stockpile Property Ventures Llc
Seller's Agent
Lonette Flowers
Nationwide Real Estate Execs
Buyer's Agent
Pouya Nazarian
New Western
List Price
$630,000
Sold Price
$630,000

Purchase Details

Closed on
Oct 22, 2003
Sold by
Young Calvin
Bought by
Young Glorious
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Miller Corey $1,314,000 Lawyers Title Company
Ion Group Llc $710,000 Lawyers Title Company
Stockpile Property Ventures Llc $630,000 Lawyers Title Company
Young Glorious -- --
Young Glorious -- --
Young Glorious -- --
Young Glorious -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Corey $330,000
Closed Miller Corey $330,000
Open Miller Corey $822,375
Previous Owner Young Glorious $544,185
Previous Owner Young Glorious $149,500
Previous Owner Young Glorious $127,000
Previous Owner Mardis Leroy $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $1,313,944 +1.1% $893 / Sq Ft
03/12/2021 03/12/21 Price Changed $1,299,444 +29.9% $883 / Sq Ft
03/03/2021 03/03/21 For Sale $999,988 +58.7% $680 / Sq Ft
08/19/2020 08/19/20 Sold $630,000 0.0% $428 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $630,000 -- $428 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,043 $1,422,205 $1,001,140 $421,065
2024 $17,043 $1,394,319 $981,510 $412,809
2023 $16,715 $1,366,980 $962,265 $404,715
2022 $15,939 $1,340,178 $943,398 $396,780
2021 $8,648 $710,000 $600,000 $110,000
2020 $2,680 $198,101 $138,975 $59,126
2019 $2,583 $194,217 $136,250 $57,967
2018 $2,495 $190,410 $133,579 $56,831
2016 $2,377 $183,018 $128,393 $54,625
2015 $2,344 $180,270 $126,465 $53,805
2014 $2,363 $176,740 $123,988 $52,752
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Richard Furstenberg

    Furstenberg Realty

    (909) 973-5959

    1 in this area

    85 Total Sales

    Section Image
  • Marikka Dargel Johnson

    Buyer's Agent in 2021

    Marikka Dargel Johnson

    Century 21 On Target

    (323) 435-5688

    1 in this area

    31 Total Sales

    Section Image

  • L

    Seller's Agent in 2020

    Lonette Flowers

    Nationwide Real Estate Execs

    Section Image
  • Pouya Nazarian

    Buyer's Agent in 2020

    Pouya Nazarian

    New Western

    (310) 430-1211

    1 in this area

    18 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21041157

California Regional Multiple Listing Service (CRMLS)

APN: 5057-021-001

California Los Angeles County Los Angeles 90016 West Adams

3001 Potomac Ave, Los Angeles, CA

This home is located at 3001 Potomac Ave, Los Angeles, CA 90016 since 03 March 2021 and is currently estimated at $1,516,383, approximately $1,030 per square foot. This property was built in 1929. 3001 Potomac Ave is a home located in Los Angeles County with nearby schools including Virginia Road Elementary School, Johnnie L. Cochran Jr. Middle School, and Susan Miller Dorsey Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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